Attachments: Gold with No Drama

Gold with No Drama

#24,921
Jan 5, 2026 4:42am Jan 5, 2026 4:42am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,848 Posts

Very right set up for a good correction

#24,922
Jan 5, 2026 4:44am Jan 5, 2026 4:44am

BeeTogether
Joined Oct 2020 | Status: Trader | 14,004 Posts

4440 the big barrier. Have a feeling if this breaks then we could rocket higher. More than likely during NYO

Insane in the Brain..

#24,923
Jan 5, 2026 4:54am Jan 5, 2026 4:54am

przfx
Joined Apr 2025 | Status: Trader | 1,191 Posts | Online Now

Quoting BeeTogether

Disliked

4440 the big barrier. Have a feeling if this breaks then we could rocket higher. More than likely during NYO

Ignored

For me it is 4443 (fresh daily SNR level acting as resistance)

#24,924
Jan 5, 2026 4:59am Jan 5, 2026 4:59am

Deal
Joined Nov 2024 | Status: Trader | 5,208 Posts

Quoting Deal

Disliked

London breakout higher, that means that if we go up further this will be a high probability mitigation area to Ny before any move... Time to leave. Safe trades... EDIT: higher or lower, proper risk management needed.... London had a weak breakout, the open at 4421 can be tested...

Ignored

To avoid misleading anyone, the new price to look for with high probability is the closing price of the current 30m candle it's a renewed breakout.
However i still see 446 as achievel... Will london window range is the question now, it shouldn't by the breakout itself, but also can wait by Ny.
4438.510 was Ny 9 am close wich leads to this fighting...

#24,925
Jan 5, 2026 5:00am Jan 5, 2026 5:00am

imhere23
| Joined Jul 2023 | Status: Trader | 115 Posts

hi guys
For me is good point arround 46 looks like nice resistance for correction .. anybody see the gap between 4335 and4344 ?

No emotions

#24,926
Jan 5, 2026 5:00am Jan 5, 2026 5:00am

Jade Gate
Joined Oct 2008 | Status: Trader | 1,511 Posts

Gold and silver Bloomberg Com Index re-balancing due this week. Won't be too surprised to see market selling ahead of Jan 8 to maximise ROI at current prices. Just be mindful that while there may still be some upside, sellers are also looming and this is a situation where stops can domino, resulting in very heavy selling.

https://seekingalpha.com/news/453647...lling-pressure

However, the annual rebalancing of the Bloomberg Commodities Index, which has roughly $109B in funds tracking it as a benchmark for a basket of commodities, could dampen the bullion’s recent upheaval, according to J.P. Morgan.

The reweighting exercise scheduled from Jan. 8 to Jan. 14 could cause the selling of about $3.8B and $4.7B worth of silver and gold, respectively, Barron’s reported, citing a Dec. 11 note from JPM analysts led by Gregory Shearer.

With silver representing 9% of the Index compared to its 2026 target weighting of just below 4%, the five-day roll period is expected to cause the selling of more than $5B worth of silver holdings, Bloomberg reported, quoting Daniel Ghali, a senior commodity strategist at TD Securities.

Meanwhile, gold, which makes up the index’s largest weighting at 20%, could witness the selling of approximately $6B worth of futures during the rebalancing period, which starts on Thursday.

“We expect a massive 13% of aggregate open interest in Comex silver markets will be sold over the coming two weeks, to result in a dramatic repricing lower,” Ghali said, referring to CME Group’s (CME) metals exchange.

#24,927
Jan 5, 2026 5:06am Jan 5, 2026 5:06am

Goldslave
Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts

Meanwhile silver akready " drop" 4 correction/ pulback from current high. After creating " double top" on lower TF....

Stay Gold

#24,928
Jan 5, 2026 5:11am Jan 5, 2026 5:11am

Deal
Joined Nov 2024 | Status: Trader | 5,208 Posts

Quoting Goldslave

Disliked

Meanwhile silver akready " drop" 4 correction/ pulback from current high. After creating " double top" on lower TF....

Ignored

4436.480 can be a reversal price, have confluence but not first without Ny tap there, is what i expect, it will depend of the reaction there, if reject or follow thru, to early for me to use full position at this stage.
Buying high have his risks, i prefer a sell honestly but also quick in and out.

Untill we do not have a new 30m breaking above 4434.020 and opened below, the price 4436.480 is my reference point from now on.

#24,929
Jan 5, 2026 5:16am Jan 5, 2026 5:16am

Goldslave
Joined Jun 2025 | Status: One Line 4 Sessions | 1,100 Posts

Quoting Deal

Disliked

{quote} 4436.480 can be a reversal price, have confluence but not first without Ny tap there, is what i expect, it will depend of the reaction there, if reject or follow thru, to early for me to use full position at this stage. Buying high have his risks, i prefer a sell honestly but also quick in and out. Untill we do not have a new 30m breaking above 4434.020 and opened below, the price 4436.480 is my reference point from now on.

Ignored

i am already in sell for 4421 and 4417 as target...with tigh SL.....RRR ok for me

Stay Gold

#24,930
Jan 5, 2026 5:16am Jan 5, 2026 5:16am

Obdyx
| Joined Jan 2022 | Status: Trader | 495 Posts

Isn't that a Fair Value Gap on H4? If that is correct, then PA shall head towards 4402 before resuming the Northern song

#24,931
Jan 5, 2026 5:18am Jan 5, 2026 5:18am

PatienceFx
Joined Jun 2013 | Status: enjoying life | 23,848 Posts

Quoting PatienceFx

Disliked

Very right set up for a good correction

Ignored

As expected

#24,932
Jan 5, 2026 5:24am Jan 5, 2026 5:24am

Oskarius
Joined Feb 2025 | Status: Trader | 305 Posts

Maybe too early, but closing silver short.

#24,933
Jan 5, 2026 5:26am Jan 5, 2026 5:26am

Mr.fabby
Joined Dec 2025 | Status: Trader | 256 Posts

Quoting Deal

Disliked

{quote} I know we are, but we have to be prepare for pullbacks also... I am bullish since Ny rotate on friday and already talk to much for these people understand it. Give any clues that could remember, not necessary there will not be opportunity to sells also, but for that we need a reason that we do not have yet today. I give my reasons, my levels for the day but people want to short, there is nothing that i can do more... 15m didn't shift at least yet, is follow thru all previous Ny and they can mitigate them, one was made as soon we hit level...

Ignored

Yeah you are definitely right .i closed my some buy trades from 4390 at 4437 with decent profit booking and now waiting for 4418 -20 area for next buy oders and looking for 4460 and 4480 area to be touched today in NY .

Break--Retest--Average

#24,934
Jan 5, 2026 5:27am Jan 5, 2026 5:27am

Deal
Joined Nov 2024 | Status: Trader | 5,208 Posts

4421 mitigation possible or go deeper to 4361.88, i think yesterday i mention this same set up, the only diference is 4h breakout 4421 and that for me is up not down, i will wait and see, have london breakout also in my side view, i will keep waiting for Ny open...

#24,935
Jan 5, 2026 5:28am Jan 5, 2026 5:28am